RALEIGH, NC—Congratulations to Womble Bond Dickinson client Pendo! The company has announced a major expansion to its downtown Raleigh headquarters, including a commitment to create 590 new jobs over the next five years. The expansion represents an investment of $34.5 million.
A Womble Bond Dickinson team of John Hunter and Dave Efird represented Pendo in economic development matters related to this expansion, including state and local economic development incentives.
Pendo is a software company founded in Raleigh in 2013. The company plans to move to a new downtown office space by 2022. At that point, the fast-growing company expects to have around 800 employees.
North Carolina Gov. Roy Cooper said, “North Carolina is home to many of the best tech minds in the industry, and Pendo grew out of that innovative culture.” Pendo recently was named the 2018 winner of the Software Company of the Year Award at the NC Tech Awards.
John Hunter has been an economic development leader in the Carolinas for more than two decades. He served as Director of Economic Development for the Charlotte Regional Partnership and now works with companies to relocate and expand operations to the region. He has a lengthy track record of successfully advising clients in a wide range of industries and negotiating incentive packages of varying needs and sizes.
Dave Efird brings senior-level experience to companies seeking to relocate to or expand operations in the Southeast, including site selection and negotiating with the state and local officials on economic development incentives. He is the former General Counsel of the North Carolina Department of Commerce where he served as a lead negotiator on major economic development projects for the state.
Dave Efird, Pendo CFO Jennifer Kaelin, NC Secretary of Commerce Tony Copeland
North Carolina Governor Roy Cooper speaking with Dave Efird and Jennifer Kaelin